New efforts to help seniors’ financial plans in tough times

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No one has been immune from the devastating effects of the U.S. recession, especially not older Americans who expected to spend their final years flush with money from our booming economy.  What seemed commonplace last year at this time is gone, as are savings and other assets for many seniors.

In response, a senior citizens group, the Senior Citizens Bureau, which boasts that it is the largest non-profit organization for seniors, has formed a partnership with LocalAdvisorConnection.com to provide provides leads on pre-screened financial advisors, as well as CPAs and estate planning attorneys, so its members can restore their finances and prepare for their futures, according to a statement. In addition to financial planning help, the SCB has a partnership with FuneralResources.com to help its members better understand and plan their funerals.

With seniors among those hit hardest by the latest economic downturn, it’s good to see efforts to help them recover before it’s too late.

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